An audit released in October by the Los Angeles City Controller’s office recommended that some homeless projects be reevaluated to see if their budgets can be decreased so that less of the city’s $1.2 billion homeless housing bond is used. Los Angeles City Controller Ron Galperin found that over 1,000 units of housing approved for […]

According to an audit released in August, the homeless outreach agency tasked with moving people from the streets into housing, shelters or treatment for mental illness and substance abuse has severely failed to meet the goals of its contract with the city of Los Angeles. The audit states that the Los Angeles Homeless Services Authority […]

Last year, California ranked the highest in the nation in terms of priciest ZIP codes for home sales for the third consecutive year. California had roughly 70 percent (82 of 117) of the priciest ZIP codes in the nation. PropertyShark, a real estate database, compiled the data and analyzed the median sales prices for all […]

State Senator Scott Wiener revived a major effort to boost homebuilding near transit last month. Senator Wiener believes Senate Bill 50 (SB 50) is necessary to address the state’s housing affordability and climate change challenges that have increased since a similar bill he proposed earlier this year failed.  Under SB 50, developers would be allowed […]

According to recent studies by finance website Magnify Money, six of the top 50 best cities in the United States for millennials are in California. These cities provide millennials plenty of job opportunities and higher pay. One of Magnify Money’s studies focused on America’s “top boomtowns,” and analyzed industry growth, population, housing and jobs. Another […]

Apparently, even professionals in the San Francisco metro area can qualify as low-income due to the expensiveness of the area. The U.S. Department of Housing and Urban Development (HUD) annually assesses income limits for how much a person can make per year and still qualify for certain types of federal housing assistance. HUD’s fiscal 2018 […]

According to a report by analysts from realtor.com, Santa Clara County leads the state in residents looking to move out of town. The county is known for being the nation’s tech sector and for its expensive housing. The analysts used property searches and census data to figure out that a larger share of residents are […]

A surprising thing has been revealed by researchers regarding a trend in California migration. It turns out that the populations of inland counties are growing faster than that of urban coastal counties such as San Joaquin and Sacramento. Around 2014, Phuong Nguyen, who is a research specialist at the California Department of Finance, began noticing […]

Last month, a proposed bill was introduced by a bipartisan group of state lawmakers that will create a California work permit program for farmworkers and service industry employees without legal residency in the United Sates. The bill, Assembly Bill 1885 (AB 1885), was introduced by Assemblyman Eduardo Garcia (D-Coachella), Assemblyman Devon Mathis (R-Visalia) and Assemblywoman […]

The housing industry is eagerly courting a group of consumers, aged 20 to 36, that real estate professionals call Hispennials, which is a mash-up of Hispanics and Millennials. Rick Arvielo, CEO of Tustin-based New American Funding, states, If you look at the Latino population, their demographic is younger and they are just starting to buy […]